Dolat Algotech Ltd

Dolat Algotech Ltd

₹ 125 -2.22%
21 Nov - close price
About

Dolat Algotech Ltd is a trading cum clearing member of NSE India and carries on the business of securities broking and securities trading.[1]

Key Points

Business Overview
The Company is a registered broker for the capital market and futures & options segment with NSE and is engaged in proprietary trading of shares, securities, commodities, and other financial products. [1]
The co. is one of the pioneers in algo strategies and has considerable market volume as a group in the derivatives segment at NSE. [2]

  • Market Cap 2,203 Cr.
  • Current Price 125
  • High / Low 186 / 59.2
  • Stock P/E 8.89
  • Book Value 52.9
  • Dividend Yield 0.20 %
  • ROCE 29.9 %
  • ROE 22.0 %
  • Face Value 1.00

Pros

  • Company is expected to give good quarter
  • Company has a good return on equity (ROE) track record: 3 Years ROE 25.3%

Cons

  • Contingent liabilities of Rs.1,160 Cr.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
57 78 87 73 78 60 30 47 86 87 144 152 146
13 21 21 21 24 21 24 22 31 35 40 42 41
Operating Profit 44 57 66 53 54 39 6 25 55 52 104 110 104
OPM % 77% 73% 76% 72% 70% 65% 21% 54% 64% 60% 72% 73% 72%
8 7 8 8 9 10 10 0 0 12 0 0 0
Interest 7 5 6 7 5 7 6 6 6 7 9 9 11
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0 1
Profit before tax 44 58 67 53 58 41 10 19 49 57 95 100 93
Tax % 24% 30% 29% 27% 28% 28% 40% 31% 28% 27% 28% 28% 28%
34 41 48 39 42 30 6 13 35 42 68 72 67
EPS in Rs 1.92 2.31 2.70 2.19 2.39 1.68 0.34 0.73 1.99 2.35 3.87 4.07 3.79
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Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
116 158 285 322 279 377 528
33 40 58 66 89 128 158
Operating Profit 83 118 227 256 190 249 371
OPM % 71% 75% 80% 79% 68% 66% 70%
0 0 0 0 0 0 12
Interest 5 16 25 25 27 28 36
Depreciation 0 0 0 0 1 1 2
Profit before tax 78 102 201 230 163 220 346
Tax % 35% 30% 27% 27% 28% 28%
51 71 147 168 116 158 249
EPS in Rs 2.87 4.04 8.34 9.51 6.59 8.94 14.08
Dividend Payout % 3% 2% 2% 2% 3% 3%
Compounded Sales Growth
10 Years: %
5 Years: 27%
3 Years: 10%
TTM: 137%
Compounded Profit Growth
10 Years: %
5 Years: 25%
3 Years: 2%
TTM: 198%
Stock Price CAGR
10 Years: 49%
5 Years: 13%
3 Years: 13%
1 Year: 85%
Return on Equity
10 Years: %
5 Years: 30%
3 Years: 25%
Last Year: 22%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 18 18 18 18 18 18 18
Reserves 133 202 346 510 622 774 913
0 10 114 175 140 84 374
11 24 20 63 25 60 67
Total Liabilities 161 253 498 765 804 936 1,372
0 0 1 1 1 4 5
CWIP 0 0 0 0 0 0 0
Investments 84 181 2 43 67 78 131
77 72 495 721 736 854 1,236
Total Assets 161 253 498 765 804 936 1,372

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
41 157 188 141 79 -12
0 -58 -363 -97 -118 33
-7 -2 -3 -4 -5 -5
Net Cash Flow 34 96 -177 41 -44 17

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 0 0 0 0 0 0
Inventory Days
Days Payable
Cash Conversion Cycle 0 0 0 0 0 0
Working Capital Days 198 -36 137 364 433 363
ROCE % 62% 64% 43% 26% 30%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
74.49% 74.49% 74.49% 74.49% 74.49% 74.49% 74.49% 74.49% 74.49% 74.49% 74.49% 74.49%
0.12% 0.02% 0.07% 0.08% 0.01% 0.08% 0.01% 0.01% 0.01% 0.02% 0.08% 0.89%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.05%
25.40% 25.50% 25.44% 25.44% 25.50% 25.44% 25.51% 25.50% 25.51% 25.49% 25.44% 24.57%
No. of Shareholders 35,33139,23842,09143,33442,45741,83340,90540,98839,03643,98350,44055,553

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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